A popular aphorism states that ‘man shall not live by bread alone.’ He needs to complement the bread with butter, beverages, egg etc. Such is the situation we find ourselves in Nigeria today.
A source of income is not enough to emancipate you from poverty.
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You need a side hustle!
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Yes, I mean another business that would support your main business. Multiple sources of income has been proven to be a quick step to accrue wealth.
The story of the richest man in the world, Elon Musk, is an ideal example. Musk has multiple sources of income which include his investment and establishment of Tesla, SpaceX, and SolarCity.
10 LUCRATIVE SIDE HUSTLES FOR YOU
Here is a list of 10 lucrative side businesses you can venture into.
(1) Data Analysis
The world is now digitalised, firms are converting their files to data, they are migrating to e-services. Individuals who are good at handling data can work as Data analysts, data miners, and other data related fields.
Although, the business is ideal for those with flair for numbers and figures. It’s a good side hustle for students.
(2) Website Design
As stated earlier, the world is now digitalised, website and blogging is rapidly taking over. Individuals, companies, entrepreneurs now turn to the website/blog to render their services. Hence, the service of a web designer/developer is fully needed. According to naijahustler, a web designer could earn as high as N300,000 monthly.
(3) Graphics Design
Let me say this, a graphics designer is needed in every firm, a graphics designer may earn more than N50,000 monthly on every logo, flyer, letterhead, Display image and many more.
(4) Phones & Computer Repair
The surge in the use of mobile devices and computer will also connote the increase in the rate of faulty phones and computers. Hence, your service as a phone or computer engineer will be highly needed.
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(5) Catering Services
You can decide to start earning with what you love doing. Cooking could be your hobby, you may start a catering service and earn your money.
(6) Tailoring/Fashion Designing
Everyone needs to wear clothes, so there’s need for someone to make the clothes. You may start making clothes as a side business also . You can also design styles for tailors and get paid handsomely.
(7) Proof Reading/Editing
You can also start proofreading and editing contents for bloggers, writers, content writers etc. As expected, you must be able use the English language effectively and flawlessly, Grammarly and other softwares can help with this.
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(8) Makeup Service
This is almost everywhere in places like Lagos, the city of events and merriments, you can make this business a side hustle.
(9) Social Media Management
Now let’s talk about the time and data bundle you spend on social media. Now is the time to convert this time and resources to a source of income by managing accounts of firms.
(10) Content Writing
Marketing, blogging requires the services of a content writer. You can earn a living writing contents for a number of firms and get paid handsomely.
This list is unending, innovation is an important factor to identify the side business that works for you and won’t affect your main business.
I wish you success in your endeavours.
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Feature image @Pixabay
Nice content. I think you missed out on affiliate marketing, Facebook and Instagram ads, and email marketing too. Digital marketing as a whole